CFTC slashes work from home rules but UK tinkers
The US Commodity Futures Trading Commission gave market participants adapting to working from home some relief late on Tuesday, with sweeping no-action relief on voice recording requirements. The UK’s Financial Conduct Authority hasn’t gone so far, but has offered firms some flexibility.
Adapting to WFH is still proving a challenge for market participants, as they try to mitigate the spread of Covid-19.“Working on split sites is one thing,” said a US rates head on Tuesday, as he grappled with extreme volatility in the cross-currency basis swap market. “But frankly ...
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